Can Design Ignite The Tech of Tomorrow?
The Indian electronic design services sector is undergoing a remarkable transformation, and the country is significantly positioning itself in the global electronics industry. As we look into 2024, we can see the significant boom in electronics manufacturing capability in the country, primarily because of the ambitious ‘Make in India’ initiative. It is one of the worlds' fastest-growing sectors, making the electronic design Manufacturing (ESDM) sector not only reshape India's domestic technology ecosystems but also establish the country as a hub for both production and innovation. This sectorial mix in ESDM varies from information technology and telecommunications to consumer electronics, aerospace, defense, solar photovoltaics, and medical electronics, besides the design activities such as chip design, product design, VLSI, and embedded systems.
The fast growth has drawn attention from multinational corporations, which are now increasingly seeking to enter and use the growing market of India through cost-effective manufacturing capabilities. Electronic products are in a growing demand cycle, considering India as the second-biggest manufacturer of mobile phones in the world and having ever-deepening internet penetration. The country would become a significant supplier to the world electronics market by directing strategic attention towards electronics hardware manufacturing with the help of initiatives undertaken under the head of Make in India, Digital India, and Start-up India all being together a strategy planned for and being followed by the Indian government. With continuous advancements in technology and government support, the ESDM sector is definitely going to have a good future for the Indian tech industry as it gains globally.
In the current edition,'10 Most Promising Electronic Device Service Providers - 2024' siliconindia has come up with a list of market leaders who are known to deliver exemplary services in the industry. The list is an outcome of deep-research performed by our expert market research and editorial team.
Do read to explore more and share your valuable feedback!
The fast growth has drawn attention from multinational corporations, which are now increasingly seeking to enter and use the growing market of India through cost-effective manufacturing capabilities. Electronic products are in a growing demand cycle, considering India as the second-biggest manufacturer of mobile phones in the world and having ever-deepening internet penetration. The country would become a significant supplier to the world electronics market by directing strategic attention towards electronics hardware manufacturing with the help of initiatives undertaken under the head of Make in India, Digital India, and Start-up India all being together a strategy planned for and being followed by the Indian government. With continuous advancements in technology and government support, the ESDM sector is definitely going to have a good future for the Indian tech industry as it gains globally.
In the current edition,'10 Most Promising Electronic Device Service Providers - 2024' siliconindia has come up with a list of market leaders who are known to deliver exemplary services in the industry. The list is an outcome of deep-research performed by our expert market research and editorial team.
Do read to explore more and share your valuable feedback!
